The 50-share Nifty index is expected to open higher after five days of continuous fall on Wednesday, following positive trend seen in other Asian markets. Stocks in news are NMDC, Tata Steel, L&T, Mastek, MTNL, ONGC, Oil India and Spice Jet.
Today’s Headlines
1) RBI panel moots banks for low income households.
2) Banks' exposure to qualifying clearing house outside 15% norm.
3) Le Groupe Lactalis of France to purchase Tirumala Milk Products for $275 mn.
4) NMDC production rises 37% in Q3 FY14; dispatches up 40%.
Read detail analysis report: - http://rrfinance.webs.com/apps/blog/show/40518945-market-outlook-nifty-index-is-expected-to-open-higher-after
Today’s Headlines
1) RBI panel moots banks for low income households.
2) Banks' exposure to qualifying clearing house outside 15% norm.
3) Le Groupe Lactalis of France to purchase Tirumala Milk Products for $275 mn.
4) NMDC production rises 37% in Q3 FY14; dispatches up 40%.
Read detail analysis report: - http://rrfinance.webs.com/apps/blog/show/40518945-market-outlook-nifty-index-is-expected-to-open-higher-after